Business News
Promising National Economic Growth: Australia Strengthens Trade and Investment Commitments
Indonesian Vice Minister of Foreign Affairs, Pahala Nugraha, is actively promoting mutually beneficial trade and investment cooperation with Australia. Discussions with Australia's Deputy Minister of Trade and Deputy Minister of Manufacturing, Tim Ayres, emphasized the potential for collaboration during their recent meeting in Jakarta. Efforts are focused on achieving a…
Deputy Minister of Trade Jerry: Coconut Oil Emerges as North Sulawesi's Leading Export Commodity
During an event in South Minahasa Regency, North Sulawesi, Deputy Minister of Trade Jerry Sambuaga emphasized the export potential of coconut oil, fish, processed foods, and spices from the region. Coconut oil particularly stands out, commanding 55.97% of North Sulawesi's export market share. The central and local governments are committed…
The National Food Agency (Bapanas) Forecasts Indonesia to Have a Rice Surplus of 10.46 Million Tons by the End of 2024
The National Food Agency (Bapanas) anticipates a surplus of 10.46 million tons of rice in Indonesia by the end of 2024, as revealed by Andriko Noto Susanto, Deputy of Consumption Diversity and Food Security at Bapanas, during the Regional Inflation Control Coordination Meeting on February 12, 2024. This projection is…
Motorcycle Exports Reach 34,991 Units in January 2024
In the initial months of this year, Indonesia's motorcycle exports have experienced a slowdown compared to the same period last year, as reported by AISI data (12/2/2024). Year-on-year, the volume of motorcycle exports decreased by 10.89%, dropping from 39,269 units in January 2023 to 34,991 units in January 2024. Similarly,…
